Student Loans 10 Year Rule

How do I tell if my 10 years has elapsed. Is it 10 years from the last course funded by student loan? Is it full-time or part-time studies? How do I know?

Posted on Wednesday, January 16, 2008 | Filed under: Bankruptcy
 posted by Questions @ 10:57 am 1 Comment
1 Expert Comment:

 At January 17, 2008 | 8:34 am , Barton Goth GCO Bankruptcy Trustees Said...

Legally the cut-off is 10 years from the date you last attended any class. The way courts have interpreted this is if you last attended January 15, ,2001 the last day of attendance is interpreted to be the last day of the month, so January 31, 2001 and therefore you would only be released from the student loan if you filed after January 31, 2011.

This is irrespective of whether or not there were any student loans used for this course or not.

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